Same price zone, same oscillator signal, same overconfidence in tech. If history rhymes, this could be a killer opportunity for bears — or a painful lesson for late bulls.
👀 I’m watching the next 2-3 candles closely. What are you seeing?
MAGS has been one of the ugliest places to be this year, underperforming small caps IWM, which aren't the best area of the market either. But we are reaching an interesting spot here.
DXY talk of weakening seems premature and even wishful thinking to prop up risk assets that are running out of steam. Aside from the Yen, most other central banks are already cutting rates to support their economies while the US magically looks stable around 4%. Not to mention the work left to do on US inflation. All of that is supportive of the dollar. MAGS don't say I didn't warn you 🫠
MAGS This setup feels like déjà vu.
TSLA and 
GOOGL are in, with rises for both, four on tap next week. tradingview.com/x/fQYyD3FT
IWM, which aren't the best area of the market either. But we are reaching an interesting spot here.
DXY talk of weakening seems premature and even wishful thinking to prop up risk assets that are running out of steam. Aside from the Yen, most other central banks are already cutting rates to support their economies while the US magically looks stable around 4%. Not to mention the work left to do on US inflation. All of that is supportive of the dollar. 
